Giving up the day job for self employment

I’ve resigned from my well paid job !

So, I resigned; last Friday colleagues and friends (sometimes they’re both the same) joined me for a pint in the pub on my last day in Swindon. I was quite overwhelmed with the messages of support, encouragement and excitement that people expressed when they heard that I was going to try self-employment and to start an MA in Creative Writing.

The voice of doom

So many people were cheering me and the only negative cautious voice was my own trotting out tired vicious comments such as, what about your pension? What if you fail? What if you get depressed working alone? You haven’t got the right skills ¬†/ personality / sticking power to see this through.

Strategy?

Over the years this vicious internal voice has stopped me doing many things. Through practising Cognitive Behavioural Therapy techniques I’ve learned to recognise this voice more easily but it still crops up like a nasty dog nipping relentlessly at my heels.The first thing is to recognise that it’s only one version of my life, but as a novelist if I can create narratives, then surely I can create a ‘success narrative’ for myself? So, that’s what I’m doing; focusing on ‘doing’ ‘creating’ and practising counter arguments when I’m filled with doubt or worry.

Do what you love

A few years ago I started a ’30 day challenge’ to try out an idea I’d had for a long time – to create a literary event for novelists in Bristol. It didn’t exist so I created Novel Nights, putting into practice my years working in marketing and PR. Nearly three years later it is a roaring success and has taken over my life. I’d return from work in Swindon, have some food and then ¬†feed the beast of Novel Nights, often up until midnight to finish some task.

Clearly something had to change as my energy was draining away and my health was suffering. I could have chosen to given up the thing that wasn’t making any money – Novel Nights – but I chose to give up work.

Income streams

As I see it, I am the same age as some women who are already retired. If I can find a sustainable income or income streams from different activities then that feels more secure to me than a salaried job which could end shortly, especially given the current climate. And, I need to find an income to support me during my MA.i don’t want a loan, so some other occupation seems a good plan.

Read my next blog to find out about my first week of self-employment